I suppose I should make that more clear on the site. Teams will be competing for the rewards in the pay period. Contrast this with ICOs, for example, where teams 'earn' money first, then produce value.
In the Workchain model, teams will produce value first, then get rewarded based on what percentage of validations (votes from holders) they get. It's a new kind of open-source model where teams can get rewarded for what they produce.
The default team is my own. My developers are not involved with crypto so much, which helps minimize internal scams and malicious behaviour that is so common in crypto. So my team will be competing with other devs, teams, and others who'd like to help out on the project.